Pharmaceutical Futures

September 2, 2006 at 4:28 pm 1 comment

Would it help reduce the cost of healthcare in the U.S. if hospitals created lists of what they need cured and agreed beforehand to buy at a certian point? Basically like a price cap, but with the hopsitals putting more weight on treatments they need now and less on smaller illnesses. If so much of prescription medicine consists of the advertising to let the consumer know it exists, making large scale lists which guarantee sales would take down the need for advertising hence reducing the cost of developing and marketing a drug. Something is slightly wrong with this idea somewhere, but it interesting that becuase the U.S. doesn’t have a centralized system for healthcare it actually increases the costs of drugs by making the companies have to advertise for them. What other markets could become silent and more focused on experts than just drugs?

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1 Comment Add your own

  • 1. dignifieddevil  |  September 7, 2006 at 1:02 pm

    on another note, if all the fragmented and various clinics and hospital in the U.S. were to just order together they could streamline ordering and also exerted an influence towards driving prices down.


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